CommScope Holding Company, Inc. (COMM)
NASDAQ: COMM · IEX Real-Time Price · USD
1.680
-0.070 (-4.00%)
At close: Jul 19, 2024, 4:00 PM
1.670
-0.010 (-0.60%)
Pre-market: Jul 22, 2024, 7:20 AM EDT
CommScope Holding Company Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for COMM stock have an average target of 2.70, with a low estimate of 1.00 and a high estimate of 5.10. The average target predicts an increase of 60.71% from the current stock price of 1.68.
Analyst Consensus: Hold
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
The average analyst rating for COMM stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 6 | 6 | 6 | 6 | 4 |
| Sell | 1 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 8 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Maintains $2 → $1 | Sell | Maintains | $2 → $1 | -40.48% | Mar 13, 2024 |
| JP Morgan | JP Morgan | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Mar 4, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 1, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $2.1 → $2 | Hold → Sell | Downgrades | $2.1 → $2 | +19.05% | Jan 22, 2024 |
| Raymond James | Raymond James | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Nov 16, 2023 |
Financial Forecast
Revenue This Year
5.06B
from 5.79B
Decreased by -12.66%
Revenue Next Year
5.55B
from 5.06B
Increased by 9.69%
EPS This Year
-0.16
from -7.17
EPS Next Year
0.44
from -0.16
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.5B | 6.3B | 6.8B |
| Avg | 5.1B | 5.5B | 6.0B |
| Low | 4.6B | 4.8B | 5.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.8% | 24.7% | 23.1% |
| Avg | -12.7% | 9.7% | 8.5% |
| Low | -19.7% | -4.6% | -6.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.04 | 0.91 | 0.80 |
| Avg | -0.16 | 0.44 | 0.54 |
| Low | -0.35 | -0.03 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 79.9% |
| Avg | - | - | 20.7% |
| Low | - | - | -35.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.